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Dec 31, 2012
12/12
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before we plunge off the fiscal cliff. with no plan and no apparent hope. but here we are, and we have got to do something. if we are determined to go over the cliff, as we seem, we have to do something to stop and the landing. at the bottom of the fiscal cliff are immediate and massive tax increases, deep and indiscriminate spending cuts, and a risk of another recession. if we come down on the final hours -- we have to bang choices -- to do nothing and cause an unbelievable amount of hardship for our fellow americans, or to do something to reduce the suffering inflicted on our citizens by an inflexible political system. mr. president, i choose to do something. today i am introducing the act -- the cliff alleviation at the last minute act. the act would do three important things. it will soften the financial blow the fiscal cliff, it will colmar financial markets, it gives us the certainty of a plan. it allows us, if we ever find the courage, to pursue the fiscal grand bargain that has eluded us so far. the financial marke
before we plunge off the fiscal cliff. with no plan and no apparent hope. but here we are, and we have got to do something. if we are determined to go over the cliff, as we seem, we have to do something to stop and the landing. at the bottom of the fiscal cliff are immediate and massive tax increases, deep and indiscriminate spending cuts, and a risk of another recession. if we come down on the final hours -- we have to bang choices -- to do nothing and cause an unbelievable amount of hardship...
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Dec 31, 2012
12/12
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before we plunge off the fiscal cliff. with no plan and no apparent hope. but here we are, and we have got to do something. if we are determined to go over the cliff, as we seem, we have to do something to stop and the landing. at the bottom of the fiscal cliff are immediate and massive tax increases, deep and indiscriminate spending cuts, and a risk of another recession. if we come down on the final hours -- we have to bang choices -- to do nothing and cause an unbelievable amount of hardship for our fellow americans, or to do something to reduce the suffering inflicted on our citizens by an inflexible political system. mr. president, i choose to do something. today i am introducing the act -- the cliff alleviation at the last minute act. the act would do three important things. it will soften the financial blow the fiscal cliff, it will colmar financial markets, it gives us the certainty of a plan. it allows us, if we ever find the courage, to pursue the fiscal grand bargain that has eluded us so far. the financial marke
before we plunge off the fiscal cliff. with no plan and no apparent hope. but here we are, and we have got to do something. if we are determined to go over the cliff, as we seem, we have to do something to stop and the landing. at the bottom of the fiscal cliff are immediate and massive tax increases, deep and indiscriminate spending cuts, and a risk of another recession. if we come down on the final hours -- we have to bang choices -- to do nothing and cause an unbelievable amount of hardship...
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Dec 28, 2012
12/12
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but >> on friday's washington journal, a look at the fiscal cliff. an examination of home ownership in the u.s. later, a discussion on poverty and hunger. "washington journal" is live every morning at 7:00 a.m. on c- span. >> the california representative is retiring this year. we spoke with her in november about her time as co-chairman of the progressive caucus, as well as her opposition to the iraq and afghanistan worse. this interview it -- wars. this interview is for 30 minutes. retiring, 20 years in congress. why are you leaving? >> well, i had my i will say it this way, i was elected 20 years ago on my 55th birthday. do the math and 20 years and 75 years old and it is time for me to retire. >> what is next? >> i'm president for americans for democratic action. i was just re-elected for a second term. i follow in the footsteps of george mcgovern and others and i will have a national presence and i will be traveling around the world to developing countries with the organization. >> what are you going to be doing with them? >>i will go with them o
but >> on friday's washington journal, a look at the fiscal cliff. an examination of home ownership in the u.s. later, a discussion on poverty and hunger. "washington journal" is live every morning at 7:00 a.m. on c- span. >> the california representative is retiring this year. we spoke with her in november about her time as co-chairman of the progressive caucus, as well as her opposition to the iraq and afghanistan worse. this interview it -- wars. this interview is for...
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Dec 30, 2012
12/12
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host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people make that. we need revenue. the only way to get it is to get it from people who actually have the money. there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen, those are so important. people are talking about i do not want children paying the bill. they will need social security as well. i want republicans to realize that they were elected to do the will of the people. not just the three% or whatever. they all need to understand that we are all affected by their thinking -- the president won the election, right? host: thank you for the call. i want to take you through some of the effects, if we do go off the fiscal cliff, if congress takes no action. this is the chart from the new york times of what will happen immediately and in the
host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people make that. we need revenue. the only way to get it is to get it from people who actually have the money. there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen,...
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Dec 30, 2012
12/12
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forn they will gavel iout about an hour to discuss possible solutions to the fiscal cliff. the house will come in at 2:00 p.m. eastern. they have 14 suspension bills on the agenda this afternoon. we expect them to come in at 2:00. vote's expected 6:30 eastern. we will have live coverage on c- span. representative ron paul, former republican candidate, wraps up 24 years in the u.s. house. the baltic and look next at his farewell speech -- we will take alook nexxt at his farewell speech. >> my goals in 1976 were the same as they are today, promote peace and prosperity by strict adherence to the principles of individual liberty. it was my opinion but the course of the u.s. embargo on in the latter part of the 20th-century would bring as a major financial crisis and gulf was a foreign policy that would overextend us and undermine our national security. the government would have had to change in monetary system, shrink in size and scope, and reduce the unsustainable cost of policing the world. the problems seem to be overwhelming and impossible to solve, yet from my viewpoint, j
forn they will gavel iout about an hour to discuss possible solutions to the fiscal cliff. the house will come in at 2:00 p.m. eastern. they have 14 suspension bills on the agenda this afternoon. we expect them to come in at 2:00. vote's expected 6:30 eastern. we will have live coverage on c- span. representative ron paul, former republican candidate, wraps up 24 years in the u.s. house. the baltic and look next at his farewell speech -- we will take alook nexxt at his farewell speech. >>...
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Dec 31, 2012
12/12
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"hours from the fiscal cliff, washington awaits deal." experts foresee a significant drag on the economy. negotiators keeping the bush-era tax cuts in place for all but the wealthiest americans. this is having a huge impact on what the markets want, which is some certainty. good morning, andy. caller: i was a volunteer rescue worker at the world trade center. i have two cancers. these guys want to mess with social security. there was a guy on yesterday. he was willing to pay a little more. he will still have over $200,000 left. he'll have maybe $20,000 last. it is ridiculous. we of the strong people. we are the ones that survive. they call us the little people. we are the strong people. host: it is 7:35 eastern time. the house will gavel and at 9:00 p.m. eastern time. we will have live coverage. the senate is coming in at 11:00 a.m. more from the senate floor yesterday. [video clip] >> i'm sure if president does not want a climate like this happen. i do not want on my watch for this to be the last thing that happens on my watch. i do not
"hours from the fiscal cliff, washington awaits deal." experts foresee a significant drag on the economy. negotiators keeping the bush-era tax cuts in place for all but the wealthiest americans. this is having a huge impact on what the markets want, which is some certainty. good morning, andy. caller: i was a volunteer rescue worker at the world trade center. i have two cancers. these guys want to mess with social security. there was a guy on yesterday. he was willing to pay a little...
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Dec 31, 2012
12/12
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we are 10 hours before we reached the so-called fiscal cliff. that government-imposed deadline for tax cuts, also sequestration. they will go into effect for 2013 unless a compromise is reached. the president says we are close, but there is no final deal. some of our twitter comments -- richard is joining us from ohio. republican line. caller: thank you. i do not understand what is going on with the unemployment rate and everything else. i have been looking for work for nine months now. the only thing around here is dishwasher, stuff like that. my wife is disabled. there is no money in the household. and yet, they keep wanting to go up and up and up. i have no idea what to do to support my family. i know there are millions of americans out there, people in worse shape than i am. i have no idea where to go next. host: richard, have you talk to your members of congress? caller: >> no, i have not. host: do you think any agreement lawmakers make today will make a difference? caller: honestly, i do not think it will make much of the difference. i tho
we are 10 hours before we reached the so-called fiscal cliff. that government-imposed deadline for tax cuts, also sequestration. they will go into effect for 2013 unless a compromise is reached. the president says we are close, but there is no final deal. some of our twitter comments -- richard is joining us from ohio. republican line. caller: thank you. i do not understand what is going on with the unemployment rate and everything else. i have been looking for work for nine months now. the...
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Jan 1, 2013
01/13
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house gop fired up to change the senate fiscal cliff bill? they will meet again in one hour. that is about 10 minutes old. this is from eric what some of the hill. house majority leader harry kantor is against the senate fiscal cliff deal, multiple members say. one reason he may be against it is because the new cbo report came out where it says this bill adds about $4 trillion over the next nine years to the deficit. there's about $330 billion in new spending as well, so that may be playing into what is going on the hill right now. we will be live all afternoon and evening until and if and and of something happens. fred in missouri, democratic line. you have been holding. thank you for your patience. guest: first and foremost, happy new year. the time for cutting social security and medicare entitlements, let's cut attached -- tax deductions on people making $200,000 and up to we can have a jobs for this country like we need them, in infrastructure, education, aerospace, alternative energy, research, development. the list goes on. host: that was bred in misery. next up is sti
house gop fired up to change the senate fiscal cliff bill? they will meet again in one hour. that is about 10 minutes old. this is from eric what some of the hill. house majority leader harry kantor is against the senate fiscal cliff deal, multiple members say. one reason he may be against it is because the new cbo report came out where it says this bill adds about $4 trillion over the next nine years to the deficit. there's about $330 billion in new spending as well, so that may be playing...
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Dec 30, 2012
12/12
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host: i want to note that you can go to the c-span fiscal cliff website to get the latest information. you should be checking back over the next 48 hours as things develop. guest: 8 the deadline this afternoon. the senate has set a self- imposed deadline for 3:00. host: is that senator reid's plan b? guest: it is clearly fall back. we will try to come up with negotiations. if not, we will bring a bill to the floor, he will tell the republicans. it will increase taxes on everyone earning over $250,000. it will fix the alternative minimum tax and extend unemployment. it would be those three elements. he would be saying to the republicans, negotiate with me. we can do to something better. otherwise, we will take a vote on this. i would expect this to be filibustered. that may play into what the white house wants, that would mean republicans having to take responsibility. john boehner did promise to bring up whatever the senate passed. he said we might amend it. an amendment process would almost certainly mean going over the cliff. host: sue is next on the independent line. caller: i thin
host: i want to note that you can go to the c-span fiscal cliff website to get the latest information. you should be checking back over the next 48 hours as things develop. guest: 8 the deadline this afternoon. the senate has set a self- imposed deadline for 3:00. host: is that senator reid's plan b? guest: it is clearly fall back. we will try to come up with negotiations. if not, we will bring a bill to the floor, he will tell the republicans. it will increase taxes on everyone earning over...
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Dec 28, 2012
12/12
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this is c-span. >> taking a look at the white house in this hour, where a meeting on the fiscal cliff ended at approximately 4:15 eastern time. the president was not expected to be making a new offer on the fiscal cliff. if he had to, he would press congress to take a straight up or down vote on his plan to avoid the tax increases and spending cuts. according to a wheat from the cnn congressional producer, nancy pelosi is back on capitol hill after the meeting with the president, calling it constructive and candid, saying, wait to see what senators reid and mcconnell can put together. pelosi said boehner made it clear in the white house meeting that he will not move something until the senate moves first. you can find more updates and our special web page on the fiscal cliff, c-span.org /fiscalcliff. we have been looking at the possible impact of the office of a cliff on various sectors, including this conversation about possible effects on social security. host: a dive into social security. here to talk about the program is stephen olmacher, joining us from the associated press. how
this is c-span. >> taking a look at the white house in this hour, where a meeting on the fiscal cliff ended at approximately 4:15 eastern time. the president was not expected to be making a new offer on the fiscal cliff. if he had to, he would press congress to take a straight up or down vote on his plan to avoid the tax increases and spending cuts. according to a wheat from the cnn congressional producer, nancy pelosi is back on capitol hill after the meeting with the president, calling...
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Dec 27, 2012
12/12
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the house is standing by to consider any agreement regarding that looming fiscal cliff. members have been promised 48 hours to review any deal before it goes to the floor for debate. let's take you live to the floor of the house. we see them just about to walk in the door. a quick reminder, we are expecting remarks from steny hoyer in about 20 minutes. we plan to bring you those lives. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: the house will be in order. the chair lays before the house a communication from the speaker. the clerk: the speaker's room, washington, d.c.,, december 27, 2012, i appoint steven latourette to act as speaker pro tempore on this day, signed john amplete boehner. speaker of the house of representatives. the speaker pro tempore: the prayer will be offered by our chaplain,
the house is standing by to consider any agreement regarding that looming fiscal cliff. members have been promised 48 hours to review any deal before it goes to the floor for debate. let's take you live to the floor of the house. we see them just about to walk in the door. a quick reminder, we are expecting remarks from steny hoyer in about 20 minutes. we plan to bring you those lives. [captioning made possible by the national captioning institute, inc., in cooperation with the united states...